Question: a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $20,000. b. If you knew

a. Calculate the annual MACRS depreciation for a machine in the 7-year MACRS asset class, assuming that the asset costs $20,000.
b. If you knew that the asset had an expected salvage value of $2,000 at the end of its 12-year economic life, would your answer to part a change?

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